Question: Using the following quotations: AUD / USD 0.6844 / 0.6848 USD / DKK 7.3713 / 7.3724 AUD / DKK 5.0474 / 5.0496 (Australian Dollar, U.S.

Using the following quotations: AUD / USD 0.6844 / 0.6848 USD / DKK 7.3713 / 7.3724 AUD / DKK 5.0474 / 5.0496 (Australian Dollar, U.S. Dollar, Danish Krone) With 1000 AUD, look for triangular arbitrage opportunities. What are the results of your attempts? NOTE: You must check two different alternatives answer as part (a) and then part (b). Answer is to be in AUD (how much currency you have after the series of transactions). The answer must be accurate to 2 decimal places.

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